The list, Ping
Let me know if you would like to be on or off the ping list
What? You mean they don’t want to get paid back with the Monopoly $$ printed by Bernake? I’m shocked! [/s]
At the end of the day, there’s not much the Chinese can do about it. $1T may sound like a lot, but when it comes to Government debt, its not.
I nominate Detroit first!
The real threat to the USA has always been the greedy multi national corporations that put the Communists in the driver’s seat thanks to trade policies enacted by traitorous politicians of both Parties and NYC financiers who forgot their primary responsibility is allegiance to only the USA and to Americans.
Instead they put their net worth and off shore bank accounts as foremost.
Even if the democrats aren’t going to do this, we should be hammering them on the possibility. Why else would they not want to cut spending? Because they are just going to give California to China.
Even if the democrats aren’t going to do this, we should be hammering them on the possibility. Why else would they not want to cut spending? Because they are just going to give California to China.
Now he’s going to do the things he could not do if he had to run again.
Hey....just send them one of our new 1 trillion dollar coins....there you are, paid in full....see ya!
If they do not like their treasury bills they can sell them on the open market to the highest bidder. After all they only hold 1/4 of a years budget.
As long as we have Free Trade Communists who support Free Trade with Communist China....the Commie Chines are going to screw economically with the US
Until you start slapping large tariffs on the Communist Chinese, they will pretty much b-slap the US. Unfortunately, Obama agrees with the Free Trader Communists and is not going to get tough on Communist China
I think we could sell them our Interstate Highway System (with the right to toll at any level they wish) for about the amount of money we now owe them.
Fortunately Rick Perry didn’t become president, or the deal would have been completed by now.
Under a pos like Obama anything can happen. I would just give them East LA and make that into a Sino-Mexican free trade zone
They have a problem. The US owes them a lot of money.
I’m sure the Chinese will be following the script from the one world government folks, whatever it says.
Let ‘em.
Then nationalize every bit. Problem solved.
Next.............
The United States Constitution, Article I, Section 8:
“The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;...To regulate Commerce with foreign Nations,...”
The Tariff Act of 1789 was the first national source of revenue for the newly formed United States.
When you owe the bank a thousand the bank owns you.When you owe the bank a trillion *you* own the *bank*.
This article is laughable. What it says may happen is already an active program. This is not news. It is a writer totally uninformed.
When are the Chi-Coms going to pay the rest of what they owe us?
United States Free Enterprise, INC.
INVOICE
Your Treasury certificates are your payment receipts. Thank you.
Something like this is happening in BC with a coal mine China owns and wants to use its own workers under so called temporary work permit. This allows wages set below the usual minimum wage. Court proceedings are underway to substantiate if citizens were indeed offered these jobs first as the Chinese company alleges.